Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0683%/8h= −74.8% APRpaid last 24h −0.046%

Price spread now: Backpack against HTX+0.324%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Backpack is 0.324% dearer against HTX than usual: you sell high and buy low (spread +0.324% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVNT-USDT	0.1174	0.0100	pay 0.0050% / 4h	1h 45m	$36K	$62K	10x
Short	Backpack AVNT_USDC_PERP	0.1178	−0.0583	pay 0.0073% / 1h	45m 53s	$32K	$26K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee BackpackbpOrdersPrice spread, now +0.324%Rate

Funding earned: −$143.43
Price spread: +0.324% → 0.000%: $32.36
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$133.07
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: HTX: no order-book sample; Backpack: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

HTX and Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AVNT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AVNT-PERP-INTX	−0.0856%	1h	0.1169	−0.400%	$14K	$12K	50x	as long as short
Backpack AVNT_USDC_PERPshort	−0.0583%	1h	0.1178	+0.324%	$32K	$26K	5x
Deribit AVNT_USDC-PERPETUAL	−0.0429%	1h	0.1178	+0.298%	$277	$123	10x	as long as short
Lighter AVNT	+0.0096%	1h	0.1181	+0.571%	$53K	$63K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1178	+0.290%	$693K	$302K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1178	+0.324%	$31K	$26K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1178	+0.290%	$3.3M	$6.2M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1177	+0.221%	$2.9M	$2.4M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1177	+0.273%	$729K	$2.0M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1176	+0.153%	$287K	$141K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AVNT_USDT	+0.0100%	4h	0.1176	+0.153%	$2.4M	$889K	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1177	+0.230%	$2.2M	$4.5M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1178	+0.315%	$685K	$236K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1177	+0.238%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1175	+0.059%	$22K	$45K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1180	+0.535%	$195K	$945K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1179	+0.392%	$2K	$1.2M	20x	as long as short
HTX AVNT-USDTlong	+0.0100%	4h	0.1174	long leg	$36K	$62K	10x
Extended AVNT-USD	+0.0104%	1h	0.1176	+0.170%	$26K	$237K	10x	as long as short
BloFin AVNT-USDT	+0.0116%	4h	0.1174	−0.051%	—	$64K	75x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0294% / S −0.0838%	1h	0.1177	+0.251%	$8K	—	100x	as long as short